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Czech Airlines increases passengers and losses

Prague, Czech Republic - In the first six months of this year

Czech Airlines have announced today that its losses in the first six months of 2006 reached EUR 27.5m compared to EUR 18.9m in the same period of last year. According to Radomir Lasak, chief executive of the carrier that is a member of SkyTeam alliance, the reasons of such situation are low-cost competitiveness, rising fuel costs and recent enlargement of the airline’s fleet. In the first semester t...

AVIONEWS - World Aeronautical Press Agency - 147358

AVIONEWS - World Aeronautical Press Agency
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